After suffering penalty heartache once again at the hands of Italy on Sunday night, England are quoted a 12/1 price to win the 2014 World Cup in Brazil.
In truth, it was difficult to argue that England deserved to progress at Italy’s expense, though the manner of their exit was all too familiar.
That said, the added resolve demonstrated by the side in Roy Hodgson’s brief tenure so far has drawn much praise, and could bode well for the future.
Hodgson is a 5/6 chance to take charge of the Three Lions’ 2014 World Cup campaign as a result, which seems a terrific bet.
Also, the exposure of young players such as Danny Welbeck, Andy Carroll and Alex Oxlade-Chamberlain to tournament football will stand them in good stead for the competition in two years’ time.
England are heavily favoured to qualify for that tournament, odds-on at 1/6 to do so, whilst they can also be backed to win a trophy under Hodgson.
It is 10/1 about this occurring at any time during his tenure in charge of his country, though the 12/1 price about World Cup success could be more tempting to punters fancying England’s chances.
Meanwhile, in the tournament they have just been eliminated from, Spain have regained their status as favourites, as they were before a ball was kicked in Poland and Ukraine.
The Spanish are 8/5 to land back-to-back European championships, in the aftermath of an impressive 2-0 win over France on Saturday night.
Germany, who had become favourites prior to the quarter-final stage, are only slightly behind in the betting at 13/8, after suffering a brief scare in their 4-2 triumph over Greece.
A repeat of the Euro 2008 final between the two aforementioned sides is seen as the most likely outcome, and that is proven by the 11/2 prices both Portugal and Italy are afforded for Euro 2012 glory.
All Odds and Markets are correct as of the date of publishing.